Reply To: Traders Market Weekly: Valuation Matters in Earnings Season

#39815
Truman
Participant

Equity indices in the Asia-Pacific region ended Thursday on a mostly higher note.

The Bank of Japan may lower Japan’s growth forecast for the year while increasing the inflation forecast.
Press reports speculated that coronavirus restrictions could be reimposed in Tokyo.
June throughput at Shanghai’s port was down 7.4% yr/yr.
The Chinese government will consider extending a tax break for purchasing electric vehicles.

—Equity Markets—

Japan’s Nikkei: +1.5%
Hong Kong’s Hang Seng: +0.3%
China’s Shanghai Composite: +0.3%
India’s Sensex: +0.8%
South Korea’s Kospi: +1.8%
Australia’s ASX All Ordinaries: +0.8%